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Single-Story Duplex with Garages
For Sale
$519,950

44 Silverhorn, Merced, CA 95348

Two units with separate utilities support owner occupancy alongside rental-income flexibility.

Property Size2,071 SF
Lot Size0.16 Acres
Price / SF$251.06
Days on Market16

Property Features for 44 Silverhorn

General Information

Standard status Active
Size 2,071 SF
Total Parking Spaces 4
Lot size 0.16 Acres
Property subtype Residential Income

Units

Unit Mix 1 x 3BR/2BA, 1 x 2BR/2BA
Multifamily Units 2

Additional Details

Utilities to Site Yes

Building Details

Buildings 1
Stories 1
Listing Agency: Castle Real Estate
Listed By: Alejandra Reyes-Castillo
Source: Exprealty
Added: Jul 22 Changed: Aug 5 Last Checked: Aug 5 at 5:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Castle Real Estate

Investment Insights

Based on property information with market context.

This single-story duplex contains two distinct residences: a 3-bedroom, 2-bath unit and a separate 2-bedroom, 2-bath unit. Combined interior area totals 2,071 square feet, with each residence equipped with its own attached 2-car garage and separate utilities. The configuration supports living in one unit while using the other for rental income.

The property occupies a 0.1584-acre lot near Merced College and Sprouts in Merced, California. Its two-unit layout, individual utility arrangements, and dedicated garage space provide a practical structure for an owner-occupant or an investor seeking residential income flexibility.

Key Highlights

  • Two‑unit duplex with 3‑bedroom, 2‑bath and 2‑bedroom, 2‑bath residences
  • 2,071 combined square feet of living area
  • Each unit includes a separate attached 2‑car garage

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $41.0k $19.80
− Vacancy −$2.3k −$1.09
EGI $38.8k $18.71
− OpEx −$11.6k −$5.61
NOI $27.1k $13.10
2,071 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$387.5K
$339.1K – $452.1K (±1% cap)
NOI $27,125 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$359.9K
$314.9K – $419.9K (±1% cap)
NOI $25,191 @ 7.0% cap · market cap 4.84%
Theoretical Best
Healthcare Medical
$456.9K
$399.8K – $533.1K (±1% cap)
NOI $31,985 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Parking Lot & Garage Kitchen & Bath Showroom Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

843
Businesses Nearby

Demographics for 95348, CA

35,066
Population
12,173
Households
2.9
Avg Household Size
30
Median Age
19%
College-Educated
80%
High-School Grad
59.0 sq mi
ZIP Area
594
Density / Sq Mi
$63,618
Median Household Income
$40,171
Median Earnings
$1,498
Median Rent
$352,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two units with separate utilities support owner occupancy alongside rental-income flexibility.
Where is this duplex located?
The property is located at 44 Silverhorn Merced, CA.
What is the asking price?
The asking price for this property is $519,950.
What are key features of this property?
This property features: Two‑unit duplex with 3‑bedroom, 2‑bath and 2‑bedroom, 2‑bath residences; 2,071 combined square feet of living area; Each unit includes a separate attached 2‑car garage
More about this property
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